G S Auto International finalizes rights issue allotment
G S Auto International Limited finalized the allotment of 2,90,29,160 Partly-Paid Up Equity Shares for its rights issue on June 11, 2026. The issue, which closed on June 10, 2026, saw 1,494 valid applications for 5,56,30,942 Equity Shares. Shares are expected to be credited to demat accounts by June 12, 2026, with trading on BSE commencing on or about June 15, 2026.

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G S Auto International Limited has finalized the basis of allotment for its rights issue, which opened for subscription on Tuesday, June 02, 2026, and closed on Wednesday, June 10, 2026. The company allotted 2,90,29,160 Partly-Paid Up Equity Shares on June 11, 2026, at a price of ₹10 each, aggregating to ₹2,90,29,160 lakhs. The issue was conducted in the ratio of 2 Rights Equity Shares for every 1 fully paid-up Equity Share held on the record date of Friday, May 22, 2026. The credit of Equity Shares to demat accounts is expected on or about Friday, June 12, 2026, with trading on BSE commencing on or about Monday, June 15, 2026.
The issue received 1,494 valid applications for 5,56,30,942 Equity Shares. A total of 349 applications for 6,08,30,500 Equity Shares were rejected due to technical reasons, and 3,01,530 Equity Shares were rejected due to partial rejections. All valid applications were considered for allotment, with successful applicants receiving shares against both their Rights Entitlements and additional applications.
Allotment Details
The table below details the allocation of shares across applicant categories:
| Category | Applications Received | Equity Shares Accepted (Rights) | Equity Shares Accepted (Additional) | Total Allotted |
|---|---|---|---|---|
| Eligible Equity Shareholders | 1,424 | 2,08,55,368 | 76,08,914 | 2,84,64,282 |
| Renunciations | 70 | 5,64,878 | 0 | 5,64,878 |
| Total | 1,494 | 2,14,20,246 | 76,08,914 | 2,90,29,160 |
The rights entitlements were extinguished following the closure of the subscription period. The issue was conducted in compliance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the SEBI Master Circular bearing reference number HO/49/14(14)/2026-CFD-P022/4518/2026, dated February 09, 2026. Skyline Financial Services Private Limited acted as the Registrar to the Issue.
Historical Stock Returns for GS Auto International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.06% | +13.17% | -25.87% | -16.39% | -23.23% | +201.78% |
How will the influx of ₹2,90,29,160 lakhs impact G S Auto International's capital structure and future expansion plans?
What market reaction is anticipated for the partly-paid shares once trading commences on BSE on June 15, 2026?
What are the potential reasons behind the high volume of rejected applications due to technical reasons?


































